Equipment purchased at the beginning of the fiscal year for $60,000 is expected to have a useful life of 5 years, or 1,000 operating hours, and a residual value of $10,000. Compute the depreciation for the first and second years of use by each of the following methods:

(a)	straight-line Year 1 Year 2
(b)	units-of-production (200 hours first year; 5000 hours second year) Year 1 Year 2
(c)	declining-balance at twice the straight-line rate Year 1 Year 2